3 Bed Terraced House, Single Let, Canvey Island, SS8 9SF, £270,000
Lincoln Way, Canvey Island, SS8 9SF - 3 views - 4 months ago
Sold STC
BTL
ROI: 3%
~93 m²





+9 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £67,500 |
Stamp Duty & Legal Fees | £10,300 |
Total Cash In | £77,800 |
| |
Cash Out | |
Rent Range | £1,300 - £2,000 |
Rent Estimate | £1,300 |
Running Costs/mo | £1,124 |
Cashflow/mo | £176 |
Cashflow/yr | £2,115 |
ROI | 3% |
Gross Yield | 6% |
Local Rents
10 rents from £1.3K/mo to £2K/mo, average is £1.4K/mo.
Local Area Statistics
Population in SS8 | 38,134 |
Population in Canvey Island | 38,138 |
Town centre distance | 0.64 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.41 miles away |
| |
Rental growth (12m) | +72% |
Sales demand | Seller's market |
Capital growth (5yrs) | +21% |
Property History
Listed for £270,000
December 26, 2024
Sold for £271,500
2019
Floor Plans

Description
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